The Korea Herald

Smartphone market set to shrink 11% amid pandemic

TechnologySept 6, 2020

Samsung to remain as largest smartphone vendor, while Huawei faces uncertainties under US ban
Samsung Electronics, Hanssem partner on housing interior

IndustrySept 6, 2020

Samsung Electronics said Sunday it has signed a partnership agreement with Hanssem, the country’s leading furniture maker, to seek business opportunities in the home interior remodeling market as con...
FCA unveils PHEV Wrangler 4xe, All-New Grand Wagoneer

TransportSept 6, 2020

The All-New Grand Wagoneer inherits the spirit of its namesake, which was first introduced in 1962 as the very first 4x4 automobile with an automatic transmission. The new Wagoneer model boasts cutt...
FTC imposes W1b fine on Naver’s real estate service

IndustrySept 6, 2020

South Korea‘s Fair Trade Commission on Sunday imposed a fine of over 1 billion won ($842,000) on Naver for predatory real estate practices. According to the antitrust government agency, Naver preven...
GBC 2020 to discuss COVID-19 vaccine distribution

IndustrySept 6, 2020

Biologics experts and industry officials will discuss accessibility of COVID-19 vaccines at the virtual Global Bio Conference 2020 starting Monday. According to the hosting Ministry of Food and Drug...
Doosan Group to repay debt by selling new shares of Doosan Heavy, other assets

IndustrySept 4, 2020

SEOUL (Yonhap) --Cash-squeezed Doosan Group said Friday that it will repay 3 trillion won (US$2.5 billion) in debt to its main creditors by selling new shares of Doosan Heavy Industries & Constructio...
[Photo News] Amorepacific Group celebrates 75th anniversary online

IndustrySept 4, 2020
LG Wing chosen as name for new dual-display smartphone

IndustrySept 4, 2020

LG Electronics has finalized the name of its new dual-display smartphone to be released on Sept. 14 as “LG Wing,” the company confirmed Friday. When choosing the name, LG Electronics reportedly narr...
NCSoft’s new rhythm game ‘Fuser’ set for release on Nov. 10

IndustrySept 4, 2020

NCSoft said Friday its North American subsidiary NC West will release a new rhythm game “Fuser” for both PC and console in North America and Europe on Nov. 10. Fuser is an interactive DJ music game ...
Diageo Korea appoints Dan Hamilton as new CEO

IndustrySept 4, 2020

Diageo Korea said Friday it has appointed Dan Hamilton as a new CEO. According to the world‘s largest distiller and producer of major whisky brands including Johnny Walker and Windsor, Dan Hamilton ...
KakaoPage to enter US, China and Southeast Asia markets by 2022

TechnologySept 4, 2020

KakaoPage, an entertainment company specializing in online cartoons, web novels, film, and TV series, will expand its business overseas, according to the company’s announcement on Friday. KakaoPage ...
Coupang to set up large-scale logistics base in Gwangju

IndustrySept 4, 2020

Coupang began procedures for the construction of a large-scale high-tech logistics base in Gwangju in partnership with the regional government, the firm said Friday. Gwangju Mayor Lee Yong-seop and ...
Naver to recruit over 200 developers this year

TechnologySept 4, 2020

Naver announced that it would start recruiting new platform developers and engineers starting on Friday. The IT firm said it would hire more than 200 developers this year. The business units that Na...
Mercedes-Benz Korea appoints Thomas Klein as new president and CEO

TransportSept 4, 2020

Mercedes-Benz Korea said Friday it appointed Thomas Klein, the current president and CEO of Mercedes-Benz Middle East, as the new president and CEO of Mercedes-Benz Korea, effective Jan. 1, 2021. Kl...
Hyundai Motor joins IFA 2020 to unveil eco-friendly vehicle technology

TransportSept 4, 2020

Hyundai Motor participated in the IFA 2020 exhibition in Berlin, Germany, for the first time, demonstrating its brand vision based on eco-friendly vehicle technology, the firm said Friday. The autom...